HomeBusiness

Business

CBN: Currency Outside Banks Outpace Nigeria’s Total Circulation By 93%

According to the Central Bank of Nigeria (CBN), the total amount of currency in circulation has reached N4.14 trillion, with N3.87 trillion outside the banking system. As a result,

NBS: Petrol Importation Drops By 3.58bn Litres In One Year

According to data released by the National Bureau of Statistics (NBS), the importation of Premium Motor Spirit (PMS) also known as petrol has dropped by 3.5 billion litres in the past year. 

INSDEC Urges Tinubu To Review Military Approach Against Insecurity, Terrorists

According to the Initiative for Economic Development Communication (INSDEC), there needs to be a new review of military approaches for the mitigation of insecurity challenges in the country. 

FG To Approve ExxonMobil, Seplat Divestment Deal

According to the federal government, the divestment of ExxonMobil’s Nigerian assets to Seplat Energy is poised to receive ministerial approval within days. 

Polaris Bank Becomes Nigeria’s Top MSME Lending Bank

Polaris Bank, Nigeria's largest digital retail commercial bank, was named the country's top lender to Micro, Small, and Medium Enterprises (MSMEs) over the weekend. 

NDIC Partners Judiciary on Depositors Funds’ Recovery

NDIC Partners Judiciary on Depositors Funds’ Recovery   The Nigerian Deposit Insurance Corporation (NDIC) has announced the strengthening of its partnership with the judiciary to expedite the prosecution of failed financial institutions. NDIC’s Managing Director, Bello Hassan, disclosed this on Monday at the 19th Abuja International Trade...